Nexa NEXA Coin Price is $0.000005023 Market Cap $25.77 M

$0.000005023

-2.34% (24H)
Low $0.000004923
High $0.000005124
  • Market Cap $25.77 M
  • Volume $142,321
  • Available Supply N/A NEXA
  • ATH $0.00004372
  • ATH(% Change) -88.55%
  • ATH Date 2023-04-02

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Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated Trust Score

Nexa NEXA coin price is $0.000005023 with a market cap of $25.77 M. Nexa Cryptocurrency price is -2.34% down in last 24 hours.

Nexa is a UTXO-based blockchain like Bitcoin UTXO-based blockchains are naturally more scalable on layer- much easier for validating the security of transactions and they are capable of much more advanced functionality than has so far been take advantage of But we re taking things even further Nexa currently operates on GPU mining but the real magic happens when we leverage Nexa s Proof-of-Work algorithm The mining industry is incentivized to produce specialized hardware such as FPGA s and ASICs that do more than just fast cryptographic hashing Nexa s PoW algorithm currently requires the use of cryptographic schnorr signatures The same type of signature is found in Nexa transactions This means that as the mining network gets ever more efficient which it will as a highly competitive market so will the network s ability to produce and validate signatures This is important as a key scaling bottleneck is an... Read More
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